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Fintech predictions and opportunities for 2023

TechCrunch

Fintech has fallen a long way from the highs of 2021, and while 2022 was largely about the reset of the funding environment, 2023 is going to be a year of recalibration for fintech companies. First, let’s take a look at the sectors likely to be most challenging: lenders, neobanks and fintechs that serve SMBs. Online lenders.

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Onboarding and automation: What fintechs can learn from big banks

TechCrunch

Michael Beckley Contributor Share on Twitter Michael Beckley is a co-founder and CTO of Appian , where he drives the technical vision for the company, leads product and solutions marketing teams, and oversees customer initiatives. This creates increased regulatory scrutiny, with the risk of massive fines for non-compliance.

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States. So he started researching markets with large populations of Muslim people. Indonesia emerged as the best choice. Meanwhile in Malaysia, where 61.3% out of its 33.6

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Sardine’s algorithm helps crypto and fintech companies detect fraud

TechCrunch

It’s a great time to be in the fraud detection business in crypto and fintech. Crypto in particular has faced some high-profile scams recently, and many companies operating within the ecosystem are beefing up their compliance capabilities to ensure they don’t end up in any regulatory hot water. Sardine, which raised a $4.5

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The fintech layoffs just keep on coming

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann. Wow, I take off one week and come back to all hell breaking loose in the fintech world.

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Fintech infrastructure startup Prime Trust raises $100M to add IRAs, crypto staking

TechCrunch

There’s been a massive proliferation of fintech services in the past few years, during which fintech companies competed to develop new products more quickly than their competitors. You need to do AML, KYC BSA compliance, and you need to be able to provide rails in and out of your platform. It has, yeah.

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5 Reasons Launching A Fintech Startup Has Become So Challenging

Crunchbase News

By Pavel Shynkarenko The fintech industry recorded its highest year ever in terms of investment value in 2021, but the market has been a lot more challenging for the past two years. This doesn’t mean launching a new fintech venture is impossible. It means that the rules have changed.

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